Insurance for electric and magnetic field litigation: Are you covered
Electrical power generating companies, power transmission companies and large generators and users of electrical power recently felt the sting of a second shock. The first shock came when lawsuits were first filed against companies in the electrical power industry claiming real or imagined damages from electrical and magnetic fields ([open quotes]EMFs[close quotes]). The new and second shock is potentially more devastating because it comes from the [open quotes]safe hands[close quotes] of the insurance industry. Standard-form comprehensive general liability ([open quotes]CGL[close quotes]) insurance policies purchased by nearly every company in the electrical power industry for generations are supposed to cover EMF bodily injury and property damage claims. Not so, say the lawyers for the most prominent insurance company selling insurance coverage to electric utilities, Associated Electric Gas Insurance Services, Ltd. ([open quotes]AEGIS[close quotes]).
- OSTI ID:
- 5996495
- Journal Information:
- Electricity Journal; (United States), Vol. 6:3; ISSN 1040-6190
- Country of Publication:
- United States
- Language:
- English
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